Dollar struggles for direction, euro close to 1-1/2-month low
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#15296a3b ver:0.96

The US dollar struggles as soft retail sales data increases expectations of rate cuts by the Federal Reserve. The euro remains near a 1-1/2-month low due to political concerns in France. Sterling dips ahead of UK inflation data, while the Australian and New Zealand dollars remain stable. The yen is unchanged against the dollar. Market expectations of rate cuts in the US and UK fluctuate based on economic data. Gold prices rise on hopes of rate cuts, while oil prices dip. European shares end lower, UK stocks rise. The focus is on central bank decisions in the UK, Switzerland, and Norway. The euro area faces increased debt risk due to concerns about fiscal discipline in France. The European Commission proposes disciplinary steps against several EU countries for excessive budget deficits....

#newstr #UsDollar #Euro #Sterling #Rba #FederalReserve #RetailSales #BankOfEngland #AustralianDollar #BankOfJapan #InterestRates 

 https://here.news/story/15296a3b?ver=0.96